LACI-Latin American Casinos Inc. | Stock Discussion Forums

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Non-Tech
LACI-Latin American Casinos Inc.

An SI Board Since February 1997

Posts	SubjectMarks	Bans	Symbol
54	0	0	LACI

Emcee: Tom Hofmann	Type: Unmoderated

Introduction Market Data Compact

Rents slot machines to licensed gaming establishments in Peru,and other Latin American countries.Last earnings report 9/96, revenues rose from 633K to 2.1mil(per Market Guide). For the 9 months ended September, earnings were .31/share. Stock traded as high as 7 in the summer,has since come down to 2 1/2.
Any information anyone has on this stock would be appreciated.
Why did price come down?
The main ominous thing I see in Nov. 4 company news release is that Peruvian Govt. was establishing a monthly tax on all slot machines.
The company says in that release that it has no debt...
Current Assets of 9,600,000, of which 4,500,000 in cash and equivs...
Current PE about 7...
Any interest in discussing this microcap, or are small stocks passe these days on the street?

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Reply	Message Preview	From	Recs	Posted
54	Bryan, I find this company remarkably flexible with their business plan. One d	EenieMeenie	-	5/7/1998
53	Chris, Not everyone knows..... Latin American Casinos Announces That World	Bryan C. Simpson	-	5/7/1998
52	I look at it from time to time. I'll look at it again, soon. I see it is	VALUESPEC	-	4/4/1998
51	Sorry, sold long ago. Not following this one!	Tom Hofmann	-	4/2/1998
50	Have you been following LACI lately? Chris	EenieMeenie	-	4/2/1998
49	Was wondering how I should be managing my position. Are we buying selling or ho	EenieMeenie	-	4/2/1998
48	Anyone out there quietly buying this issue. Someone is. -C	EenieMeenie	-	2/24/1998
47	Appears to be some movement. Appears like no one knows what to expect. -C	EenieMeenie	-	2/23/1998
46	Heard anything about the company lately? Chris	EenieMeenie	-	2/10/1998
45	Specsit, Thanks for the information. I bought in pretty much with the idea tha	EenieMeenie	-	12/16/1997
44	I think I like this stock. At $1.62 it's not going to $5 overnight but I j	specsit	-	12/15/1997
43	Anyone still watching this one? Earnings reported for 3Q are flat. Here is	EenieMeenie	-	11/13/1997
42	When do you expect 3Q earnings? Chris	EenieMeenie	-	11/7/1997
41	Chris, 11/16 was not paid - it was only the ask. However, I think we could see	Mehmet1983	-	10/24/1997
40	Stephane, Like someone said on one of the threads, it's a nice place to pa	Bryan C. Simpson	-	10/23/1997
39	Sephane, Don't you think that 11/16 was some kind of fluke? What was the vo	EenieMeenie	-	10/23/1997
38	LACIW : 5/16 - 11/16 !!! Some people are trying to accumulate the warrants ?	Mehmet1983	-	10/23/1997
37	Take a look at BIPL just came out with earnings today!!!	Jim Langdon	-	10/21/1997
36	JJ PMFJI - take a look at FRSH. It should be a good stock over the next year.	Texas77	-	10/21/1997
35	Rod, Beside LACI and BNGO, are you following any other stock in the $5 and les	JetJamr	-	10/21/1997
34	The warrants have been extended to 12/12/99. Rod Dream a little	Crabbe	-	10/13/1997
33	The warrants HAVE been extended to '99. Even then I doubt they'll let t	scam buster	-	10/13/1997
32	I was checking out my portfolio this weekend and noticed that the LACI warrants	EenieMeenie	-	10/13/1997
31	LACI stock is up to 2 1/4 or about 40% off of it's lowes earlier in the yea	Crabbe	-	10/13/1997
30	I, too, am having a few problems with the believability of the Cigar acquistion	VALUESPEC	-	10/9/1997

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